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Nov 5, 2012
11/12
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they have also signed a 15 millionjob protection in greg —— agreement to help them build on their growth in asia. in the past hour, figures out suggesting growth in britain's crucial services sector has slowed to a fraction. these are the figures based on plans for future investment and they are lower than expected. anything above 50% suggests growth and we were expecting 52, which isn't great, we actually got 50.6. but director of the chartered institute of purchasing and supply and expect —— explained the figures. it is gross, but very slight. the lowest level we have seen for years. -- it is lowest level we have seen for years. —— it is growth. we are not seeing the ongoing development in the sector, and there are signs of employment levels falling for the second month. that is also giving us cause second month. that is also giving us cause for second month. that is also giving us cause for concern, second month. that is also giving us cause for concern, i think. a city financier who conned investors out of a total of £32 million in a so—called pongs the scheme has been jai
they have also signed a 15 millionjob protection in greg —— agreement to help them build on their growth in asia. in the past hour, figures out suggesting growth in britain's crucial services sector has slowed to a fraction. these are the figures based on plans for future investment and they are lower than expected. anything above 50% suggests growth and we were expecting 52, which isn't great, we actually got 50.6. but director of the chartered institute of purchasing and supply and expect...
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Nov 28, 2012
11/12
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all of them insist they're not taliban and that greg mortenson was not kidnapped. they also gave us another photo of the group with mortenson holding the ak-47. one of the men, mansur khan mahsud, is the research director of a respected think tank in islamabad and has produced scholarly articles published in the u.s. until recently, he had no idea that he had been shown as a kidnapper in a best-selling book. >> that's me. >> we spoke with mahsud via skype. he told us that he and the other people in the photograph were mortenson's protectors in waziristan, not his abductors. the story, as mr. mortenson tells it, is that he was held for eight days and won you over by asking for a koran and promising to build schools in the area. is that true? >> this is totally false, and he is lying. he was not kidnapped. >> who are these people that are also in the picture? >> some are my cousin. some are our friends from our village. >> well, why do you think mr. mortenson would write this? >> to sell his book. [ticking] >> coming up, greg mortenson under fire from his former boar
all of them insist they're not taliban and that greg mortenson was not kidnapped. they also gave us another photo of the group with mortenson holding the ak-47. one of the men, mansur khan mahsud, is the research director of a respected think tank in islamabad and has produced scholarly articles published in the u.s. until recently, he had no idea that he had been shown as a kidnapper in a best-selling book. >> that's me. >> we spoke with mahsud via skype. he told us that he and the...
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Nov 8, 2012
11/12
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. >> greg meeks and kevin brady. i'm grateful. california, another package of tax increases on the wealthy. it's past the voters in california, and it's going to drive more business away from a state that desperately needs help. all that's up next. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> california voters are choosing to raise taxes on high-income taxpayers and increase the sales tax in order to fund education and state programs. so they say. last night voters passed proposition 30 with about a 54% majority. the question, is this tax hike going to destroy the california economy? let's bring in willie bro
. >> greg meeks and kevin brady. i'm grateful. california, another package of tax increases on the wealthy. it's past the voters in california, and it's going to drive more business away from a state that desperately needs help. all that's up next. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own...
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Nov 16, 2012
11/12
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greg raburn is the company's ceo. when we spoke with you a couple months ago you had been optimistic at the idea that you could reach an agreement. you were asking for wage, benefit and work concessions and offering the 12 unions involved a 25% stake in the company, seats on the board and offering $100 million in debt on this. what happened? >> you know, i was optimistic and i remained optimistic throughout and i think the fact we were able to get an agreement with our teamsters union, a large union was encouraging. we got agreements with several of our other unions but the bakers union which is about 30% of our workforce decided to go on strike last friday despite the fact we've been straightforward that a strike would cripple the company and cause a liquidation. i don't know if they thought that was a bluff or there was some other better outcome but that's essentially why why where we are today and the company will be liquidated. >> you'll be laying off most of the 18,500 workers. you had a conference call with empl
greg raburn is the company's ceo. when we spoke with you a couple months ago you had been optimistic at the idea that you could reach an agreement. you were asking for wage, benefit and work concessions and offering the 12 unions involved a 25% stake in the company, seats on the board and offering $100 million in debt on this. what happened? >> you know, i was optimistic and i remained optimistic throughout and i think the fact we were able to get an agreement with our teamsters union, a...
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Nov 26, 2012
11/12
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so you will see it. >> marco, this is greg brown from motorola. you're talking about the ubiquitous deployment of sensors and cloud computing and storage and massive storage in computing speed capability and machine-to-machine communications, as this contributes to the next level of industrial explosion if you will or the industrial internet, who do you see as the winners, industrial or companies that are the big beneficiaries of this big technological break-through? >> i think the first winners will be in the area of advanced manufacturing. sophisticated manufacturing equipment is the one where you will see the most immediate application of the industrial internet. then i would expect the benefits to become much more widespread. we are calling it the industrial internet but it will spread to services via the improvements in productivity. i think you will see it operating like the first wave of internet revolution, the information dmun indication technology revolution we saw in the mid '90s where it started in industry and gradually broadened to b
so you will see it. >> marco, this is greg brown from motorola. you're talking about the ubiquitous deployment of sensors and cloud computing and storage and massive storage in computing speed capability and machine-to-machine communications, as this contributes to the next level of industrial explosion if you will or the industrial internet, who do you see as the winners, industrial or companies that are the big beneficiaries of this big technological break-through? >> i think the...
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Nov 29, 2012
11/12
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greg mankiw will join us in just a minute. he's a former chairman of george w., 43's adviser and senator orrin hatch on a path to a debt agreement. plus, more of our exclusive interview with former fed chairman paul volcker, but, first, becky has your morning headlines. >>> among our top stories today, stocks gaining some ground yesterday on optimism about a deal to avotert the fiscal clif. the dow closing by up more than 100 points. that's the finlt time a swing like that has happened in over a year. >>> we do have a busy day ahead for treasury secretary tim geithner as we've been talking about repeatedly this morning. he's going to be talking with senator harry reid at 10ks eastern time following by a meeting with house republican leaders including john boehner, eric cantor and paul ryan. secreta secretary geithner will have lunch. yesterday there were a number of high-profile leaders who met with president obama at the white house including goldman sachs' ceo lloyd blankfein. >> at this time there's going to be revenue conc
greg mankiw will join us in just a minute. he's a former chairman of george w., 43's adviser and senator orrin hatch on a path to a debt agreement. plus, more of our exclusive interview with former fed chairman paul volcker, but, first, becky has your morning headlines. >>> among our top stories today, stocks gaining some ground yesterday on optimism about a deal to avotert the fiscal clif. the dow closing by up more than 100 points. that's the finlt time a swing like that has happened...
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Nov 23, 2012
11/12
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i have no doubts. >> greg, thank you very much for speaking with us. >> thanks, greg. >>> okay. we have about 20 minutes, guys until the closing bell rings. once to reiterate, we are finishing up at 1:00 p.m. the dow is it ending the gains. as we have a gain of 1% or better for all three indices imp the bulls running wild. it's been this week. is this the start of a year-end santa claus rally? >>> and later on, black friday app. attack, how you can use your smartphone to save big bucks. >> elvis, elvis. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss a
i have no doubts. >> greg, thank you very much for speaking with us. >> thanks, greg. >>> okay. we have about 20 minutes, guys until the closing bell rings. once to reiterate, we are finishing up at 1:00 p.m. the dow is it ending the gains. as we have a gain of 1% or better for all three indices imp the bulls running wild. it's been this week. is this the start of a year-end santa claus rally? >>> and later on, black friday app. attack, how you can use your...
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Nov 21, 2012
11/12
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am i understanding correctly, greg? >> that's exactly right. you can make an argument and people in his camp make the argument -- people close to him, people that like him -- saying he's got so many traders and they all work on their own ideas and stuff comes up to him and he gets the best of the best ideas. he doesn't always understand or isn't always told the genesis of some of these ideas. others would say, hey, he's steven cohen, $8 billion out of $14 billion is his own money and he wants to know where this information comes from. >> greg, i think what you're getting at here is exactly the rub. everything i know of steve cohen suggests he will get in a trader's face and ask them to defend their position or promote their position depending on the situation. if he got an urgent e-mail from an employee on a sunday saying we need to talk, it's important, and then a few days later. cohen personally authorized a huge stock sale, you would think that he would really take that person to task about where their information was coming from and why the
am i understanding correctly, greg? >> that's exactly right. you can make an argument and people in his camp make the argument -- people close to him, people that like him -- saying he's got so many traders and they all work on their own ideas and stuff comes up to him and he gets the best of the best ideas. he doesn't always understand or isn't always told the genesis of some of these ideas. others would say, hey, he's steven cohen, $8 billion out of $14 billion is his own money and he...
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Nov 16, 2012
11/12
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greg, charlene, thank you for sharing your experience. here responding to the fletchers and the wider threat of workers walking out on thanksgiving is walmart spokesperson. david, thank you for joining us. if the fletchers and others walk out next thursday, will they be fired? >> look, i'm not going to comment on what may or may not happen next week. today we filed an unfair labor practice charge against the ufcw. make no mistake about it, our walmart is a wholly owned subsidiary of the united food and commercial workers union. the unions have been trying to organize walmart for years unsuccessfully. no they' now they're trying new tactics that are aimed at trying to get the media to cover it. unfortunately, they're breaking the law. we're going to do something about it. >> what law are they breaking? >> so there's -- the way the national labor relations act works is there's -- part of the law that is around recognitional picketing and trying to be recognized as a you knowon, which is what they're trying to do. they're trying to represent
greg, charlene, thank you for sharing your experience. here responding to the fletchers and the wider threat of workers walking out on thanksgiving is walmart spokesperson. david, thank you for joining us. if the fletchers and others walk out next thursday, will they be fired? >> look, i'm not going to comment on what may or may not happen next week. today we filed an unfair labor practice charge against the ufcw. make no mistake about it, our walmart is a wholly owned subsidiary of the...
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Nov 21, 2012
11/12
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greg, let me start with you. we can wait for the fiscal cliff resolutions. what are you doing in the meantime? >> well, we do have a lot of cash and sometimes waiting is uncomfortable. but i would expect with the fiscal cliff that we would have more volatility which i think is a good thing because it gives us an opportunity to enter into stocks that we wouldn't buy right now. >> like which ones? i believe you've got a contrarian investment strategy. >> well, that's right. things like staples, global payments, things that are close to a 52-week low, in staples' case close to a ten-year low. just things that we need to vet properly to make sure that we think that they can recover from whatever issues that they have. >> randy, are you approaching things differently than you might otherwise given the worries about the fiscal cliff and how close we are obviously to the end of the year? >> let's hope that the fiscal cliff has a trampoline at the bottom of it. nonetheless, in the meantime, we're looking at those companies that have really, really high quick ratios.
greg, let me start with you. we can wait for the fiscal cliff resolutions. what are you doing in the meantime? >> well, we do have a lot of cash and sometimes waiting is uncomfortable. but i would expect with the fiscal cliff that we would have more volatility which i think is a good thing because it gives us an opportunity to enter into stocks that we wouldn't buy right now. >> like which ones? i believe you've got a contrarian investment strategy. >> well, that's right....
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Nov 1, 2012
11/12
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let's go to greg in mississippi. greg? >> caller: thank you for taking my call, mr. cramer. quick question, nordic american tanker, nat. >> you can't be in the tanker stocks. there's still tankers coming out. you can't be in the tankers stop. still buying more tankers. this group has just got -- i don't want to recommend any stocks in the group. i've been saying -- i just don't know. let's go to bill in missouri. bill. >> caller: hey, jim, how you doing? >> real good, how about you? >> caller: real good. i called to ask about clean energy, clne. >> got downgraded today. made a lot of sense because westport announced bad numbers during this break. what happened? they're saying that there's not enough of a quick buildout of lng gas stations. you can't own these because they're not getting the support of the car makers or enough truck buying. they're good specs and that's it. how about silvia in florida. >> caller: hi, jim. boo-yah from boca. i want to know that i'm a longtime fan, and i first saw you on tv when you were with larry kudlow. i love your high energy. >> thank you.
let's go to greg in mississippi. greg? >> caller: thank you for taking my call, mr. cramer. quick question, nordic american tanker, nat. >> you can't be in the tanker stocks. there's still tankers coming out. you can't be in the tankers stop. still buying more tankers. this group has just got -- i don't want to recommend any stocks in the group. i've been saying -- i just don't know. let's go to bill in missouri. bill. >> caller: hey, jim, how you doing? >> real good,...
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Nov 29, 2012
11/12
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he tried to get judd greg in his cabinet at the beginning. and then he later said he couldn't make that ideological leap. let's see what happens in this coming second turn. my guess is he'll be more open to it. let's see if both parties are open to accept those invitations if they come. >> thank you, doris. honored to have you back. by the way, check out and read hefr book "team of rivals," i read it years ago and it is fantastic. up next, understood bt lo-- stu length debt rises to trillions of dollars. is a four-year degree even worth it anyway? >> tomorrow, the fiscal cliff looms and washington reresponds. the rise above road trip continues. well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you
he tried to get judd greg in his cabinet at the beginning. and then he later said he couldn't make that ideological leap. let's see what happens in this coming second turn. my guess is he'll be more open to it. let's see if both parties are open to accept those invitations if they come. >> thank you, doris. honored to have you back. by the way, check out and read hefr book "team of rivals," i read it years ago and it is fantastic. up next, understood bt lo-- stu length debt...
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Nov 30, 2012
11/12
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earl yes we heard from greg rayburn at an industry conference that the events that led to the demise are unfortunately unfolding in washington. >> what you can't do and won't fix it is if you sit there for a year that seems to be happening in washington, to say you're right and i'm wrong. then you never solve the problem. >> reporter: the hope is that the twinkie history doesn't repeat itself here. >> many thanks. kayla, thank you. >>> how about the gdp report today, it looked higher, but unfortunately, if you look inside the numbers you'll see a lot of weakness that may come up. i'm going to give you my take on the economy and the stock market and the fed, all just ahead. [ abdul-rashid ] i've been working since i was about 16. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- "i'm done. i'm out of here." you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ♪ >>> welcome back to "the kudlow report." in this half hour, already under fire for her response to the 9/1
earl yes we heard from greg rayburn at an industry conference that the events that led to the demise are unfortunately unfolding in washington. >> what you can't do and won't fix it is if you sit there for a year that seems to be happening in washington, to say you're right and i'm wrong. then you never solve the problem. >> reporter: the hope is that the twinkie history doesn't repeat itself here. >> many thanks. kayla, thank you. >>> how about the gdp report today,...
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Nov 22, 2012
11/12
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. >> greg stringham works for the canadian association of petroleum producers and often lobbies for the oil sands in washington. he points out that in alberta, you don't have to look for the oil sands. the earth moves. >> when it comes to exploration in the oil sands, you can't drill a dry hole. it's there. we know where it is. they've outlined it. you don't have any risk. but other conventional sectors around the world, there's a huge exploration risk. >> the exploration risks are the least of it. much of the world's crude is in the middle east, where the instability is deeper than the oil. [hoedown music] when alberta's blue-eyed sheiks took to wall street last summer in their stetsons to drum up support for the oil sands, their message seemed to be, "if you can't trust alberta, who can you trust?" >> alberta is a very good place to do business. it's a very stable environment. >> i mean, you're understating it, aren't you? i mean, alberta is as safe as you can get on this planet, isn't it? >> it's a great place to do business. >> and they haven't had a civil war for a while. >> we hav
. >> greg stringham works for the canadian association of petroleum producers and often lobbies for the oil sands in washington. he points out that in alberta, you don't have to look for the oil sands. the earth moves. >> when it comes to exploration in the oil sands, you can't drill a dry hole. it's there. we know where it is. they've outlined it. you don't have any risk. but other conventional sectors around the world, there's a huge exploration risk. >> the exploration...
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Nov 16, 2012
11/12
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and, look, i've heard people -- i've heard bakers and other employees say, hey, greg is just threatening us. i've said consistently. this isn't a threat. this is a consequence. the bakers are on strike and this is going to be a consequence unless they come back to work. >> there you have it. it's such a tragedy. you've got private sector unions, the bakers union, misbehaving and throwing a grand old company completely out with 18,000 some odd workers unemployed. they'd rather be unemployed than accept the reality of some wage and benefit reductions. and, by the way, folks, in case you missed that, the teamsters accepted the wage reductions and stayed on the job. it's the bakers union that is bringing down this great old company. >>> let us move on. stocks fall further, i think, on fiscal cliff woes. question here is, are market vigilantes trying to force a fiscal deal? t.j. rogers, the great ceo of cyprus semiconductor will talk to us. >>> and a romney voter writes to obama asking for bipartisan progress and is shocked when the president reads his lel at yesterday's press conference. tha
and, look, i've heard people -- i've heard bakers and other employees say, hey, greg is just threatening us. i've said consistently. this isn't a threat. this is a consequence. the bakers are on strike and this is going to be a consequence unless they come back to work. >> there you have it. it's such a tragedy. you've got private sector unions, the bakers union, misbehaving and throwing a grand old company completely out with 18,000 some odd workers unemployed. they'd rather be...
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Nov 21, 2012
11/12
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stay tuned because in moments maria will be talking to greg rayburn, the ceo of hostess. they just got the green light from the judge to liquidate the company. we want to hear from him directly. that's coming up in a moment. after the market closes and as we go out, we're heading toward the highs of the day. the dow up 42 points. let me show you the gainers and losers among the dow components. best performer today, hewlett-packard. do you love this market or what? after that huge decline yesterday. dupont near a 52-week low. the sectors, technology leading the way. didn't get much help from apple, which was up about $1 today. then you have the risk-on trade that are doing well. energy, industrial, and telecom leading the way here. allen, what do you think of this market going into the week here? there doesn't seem to be a sense of urgency. we're just marking time waiting for the fiscal cliff. >> we sure are. very light day. volume very light. we're stuck at 1390 level on the s&p. the internals are good. for every two stocks that fell, three have gained. traditionally, the
stay tuned because in moments maria will be talking to greg rayburn, the ceo of hostess. they just got the green light from the judge to liquidate the company. we want to hear from him directly. that's coming up in a moment. after the market closes and as we go out, we're heading toward the highs of the day. the dow up 42 points. let me show you the gainers and losers among the dow components. best performer today, hewlett-packard. do you love this market or what? after that huge decline...
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Nov 29, 2012
11/12
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that's excludeing the chairman and ceo greg raybourn. that will be an incentive payout to have the executives have the appropriate motivation to wind down the business. there are certain benchmarks and cost cutting and sale mechanisms this place. that's important because now the focus shifts to selling the 30 businesses left. of course, many of hostess' brands are extremely iconic. we all know the twinkie. we all know the ding dong. we heard today from the hostess lead banker running that sale. he said there are 110 interested buyers that are potentially going to bid. 70 of those buyers have signed nondisclosure agreements. he expects about 50% of those bids to actually materialize into real interest come december 10th. everyone is talking about saving the twinkie. when you look at the breakdown of the brand's revenues, it's the donuts that make the most money. they make almost three times as as much in sales as the twinkies. actually, the cup cakes make more than twinkies. no doubt a lot of these brands are getting a lot of interest fro
that's excludeing the chairman and ceo greg raybourn. that will be an incentive payout to have the executives have the appropriate motivation to wind down the business. there are certain benchmarks and cost cutting and sale mechanisms this place. that's important because now the focus shifts to selling the 30 businesses left. of course, many of hostess' brands are extremely iconic. we all know the twinkie. we all know the ding dong. we heard today from the hostess lead banker running that sale....
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Nov 19, 2012
11/12
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if you take the greg smiths of the world, the criticism is clients are counter parties and the -- self-interest first, mortgage bubble. >> not a significant revenue generator. >> i hear you. i hear you. that's the criticism. >> let me ask doc if i may. if dimon left jpmorgan you would see a sell-off. >> that's significantly greater impact. but i -- i think that -- when murph and i were out to dinner, we saw lloyd blankfein after vinniar was going to stop down we saw him out with his lieutenants at i didn't their same night. it didn't seem like a guy getting ready to step away. i respect kate's reporting but i think that might be another year or more off before he does that. >> doing like a steakhouse recon? >> exactly at a steakhouse, yeah. land zblashg size of the steak told you he wasn't going anywhere any time soon? >> they were enjoying their meal, let's say. he didn't look like a guy stepping away. >> i think that's fair. lloyd indicated no plans to resign right now. of course, the watch is always on. this is probably the most watched financial guy. >> no fears of succession at goldman sac
if you take the greg smiths of the world, the criticism is clients are counter parties and the -- self-interest first, mortgage bubble. >> not a significant revenue generator. >> i hear you. i hear you. that's the criticism. >> let me ask doc if i may. if dimon left jpmorgan you would see a sell-off. >> that's significantly greater impact. but i -- i think that -- when murph and i were out to dinner, we saw lloyd blankfein after vinniar was going to stop down we saw him...
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Nov 16, 2012
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. >> well, did he have some disagreements with his neighbor -- >> greg foal or foul? >> mcafee's compound was raided in april. after that he got a lot of security, guns and dogs because of the lpolice. this neighbor was saying these dogs were overly aggressive on the beach and they complained. it is unclear when we talked to mcafee there was really that much of a rift there. i think we can maybe make too much of that motivation. >> mcafee has been rumored to be involved possibly with the creation of narcotics. that's a fair thing to say. correct? >> that's correct. >> he denied during our interview knowing how to make meth. there are many other drugs out there. nobody is accusing him of anything. but is it possible that a lot of this is related to john mcafee having a paranoid breakdown of some kind? >> i was surprised -- >> i'm not doubting him. he's the one that's down there. but the story doesn't make sense in some respects. >> look. he admitted to us on tv that he played russian roulette with a bullet -- >> but not the usual kind! not the deer hunter kind. >> righ
. >> well, did he have some disagreements with his neighbor -- >> greg foal or foul? >> mcafee's compound was raided in april. after that he got a lot of security, guns and dogs because of the lpolice. this neighbor was saying these dogs were overly aggressive on the beach and they complained. it is unclear when we talked to mcafee there was really that much of a rift there. i think we can maybe make too much of that motivation. >> mcafee has been rumored to be involved...
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Nov 30, 2012
11/12
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his father greg told us he watches us every day. we made that animation months ago to raise awareness of what the fiscal cliff meant. i know you've seen this animation a lot on our program. >> and you know i have the same response every day. >> it brings joy to that young boy. so those people who wrote in and said, hey, we hate that video, somebody likes it. >> way to go, charlie. >> look how cute charlie is. >> wait until he gets his first paycheck when he grows up with all the taxes taken out. then we'll see if he likes the fiscal cliff. >> i was just going to say that. unfortunately, one of the big upsets about this fiscal cliff and the $16 trillion debt is the taxes and what we're leaving to our kids and grand kids. i hate to pour cold water on this, bill. poor charlie. >>> all right. we have the closing countdown next. >> after the bell, we'll hear from somebody who says entitlements didn't cause our debt problems, cuts to them shouldn't be part of the fiscal cliff solution and the negotiations continue. you're watching cnbc, f
his father greg told us he watches us every day. we made that animation months ago to raise awareness of what the fiscal cliff meant. i know you've seen this animation a lot on our program. >> and you know i have the same response every day. >> it brings joy to that young boy. so those people who wrote in and said, hey, we hate that video, somebody likes it. >> way to go, charlie. >> look how cute charlie is. >> wait until he gets his first paycheck when he grows...
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Nov 9, 2012
11/12
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greg peters, strategist for morgan stanley. a lot of people are hanging on those four points because it seems like there aren't too many reasons. one is actually fiscal cliff. >> yeah. look, the irony is that we've been talking about this all year. now it's -- now it's finally upon us. then i'm saying, okay, well, is that a reason to be bullish? it's really a timing trade more than anything else. there's still a lot of concerns we have out there. the markets feel terrible right now. investors are pushing back on us greatly. really four reasons we have is the election's over, which is an obvious point. we knew that since 1845 the election would be over at this point. that's not new news. the second is the fiscal cliff. i think we are getting a better sense. the president speaking today at 1:30. we're past politicking and maybe we'll get closer to governing. i don't know. you know, either way i think we'll see a patch with a plan. and then third is on the european side. we're in crisis again. pavlovian response is with crisis com
greg peters, strategist for morgan stanley. a lot of people are hanging on those four points because it seems like there aren't too many reasons. one is actually fiscal cliff. >> yeah. look, the irony is that we've been talking about this all year. now it's -- now it's finally upon us. then i'm saying, okay, well, is that a reason to be bullish? it's really a timing trade more than anything else. there's still a lot of concerns we have out there. the markets feel terrible right now....
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Nov 23, 2012
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monday on "squawk" we've got motorola ceo greg brown, part of the fix the debt campaign, we'll get his thought on fixing the fiscal cliff and what it means for his company and the economy. "squawk" is coming back in two minutes. want to spend less and retire with more? then don't get nickle and dimed by high cost investments and annoying account fees. at e-trade, our free easy-to-use online tools and experienced retirement specialists can help you build a personalized plan. and with our no annual fee iras and a wide range of low cost investments, you can execute the plan you want at a low cost. so meet with us, or go to etrade.com for a great retirement plan with low cost investments. ♪ [ penélope ] i found the best cafe in the world. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? >>> >>> welcome back to "squawk box" everyone on this black friday. today is the official start to the holid
monday on "squawk" we've got motorola ceo greg brown, part of the fix the debt campaign, we'll get his thought on fixing the fiscal cliff and what it means for his company and the economy. "squawk" is coming back in two minutes. want to spend less and retire with more? then don't get nickle and dimed by high cost investments and annoying account fees. at e-trade, our free easy-to-use online tools and experienced retirement specialists can help you build a personalized plan....
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Nov 19, 2012
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i don't think i've seen a lot of retro gregs in europe, but europe is so involved in its own economic problems that i don't think we're seeing a lot of trade initiatives out of or rop in the near term either. >> frank, good seeing you here this morning. thank you very much. in japan, the latest opinion polls show ldp has a commanding lead. let's sgoe to the nikkei for a break down of the numbers. >> according to our own polls, 25% of potential voters rnk building electing for the ldp. the ruling dpj trails with only 16%. 37% named the president for next prime minister and 35% chose the current prime minister. there is a push for the boj to do more. but tax chief said that ldp's ideas such as unlimit willed credit easing would create economic bubbles instead of sustainable growth. and he said he is, quote, absolutely opposed to the idea of revising boj law or introducing inflation targeting. these are policies favored. while b ono j watchers say it w like will to tip easing, but the bank will asset effect of previous policies. back to you. >> tomorrow's euro greek meeting is likely to
i don't think i've seen a lot of retro gregs in europe, but europe is so involved in its own economic problems that i don't think we're seeing a lot of trade initiatives out of or rop in the near term either. >> frank, good seeing you here this morning. thank you very much. in japan, the latest opinion polls show ldp has a commanding lead. let's sgoe to the nikkei for a break down of the numbers. >> according to our own polls, 25% of potential voters rnk building electing for the...
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Nov 21, 2012
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. >> greg, thanks for that, have a good day and a happy thanksgiving to you as well. we don't do that over here. still to come on the show, we're going to be in tel aviv amid reports of a bus explosion. more when we come back. i just want to give her everything. [ whistles ] three words dad, e-trade financial consultants. they'll hook you up with a solid plan. wa-- wa-- wait a minute; bobby? bobby! what are you doing man? i'm speed dating! [ male announcer ] get investing advice for your family at e-trade. >>> we've had reports of a bus explosion in tel aviv. joining us for more is chapman bell, reporter for nbc. he's in the city. can we flesh out any more details about what we think has happened? >> ross, at this point, all we know is moments ago we heard from local media and a few other media sources here that there was a bus explosion here in tel aviv. sources now tells us that initially, it bears the symbols of a terrorist attack. the hm hallmarks of a terroris attack. all we know, there are several wounded, but we haven't heard any report s yet of deaths. it's im
. >> greg, thanks for that, have a good day and a happy thanksgiving to you as well. we don't do that over here. still to come on the show, we're going to be in tel aviv amid reports of a bus explosion. more when we come back. i just want to give her everything. [ whistles ] three words dad, e-trade financial consultants. they'll hook you up with a solid plan. wa-- wa-- wait a minute; bobby? bobby! what are you doing man? i'm speed dating! [ male announcer ] get investing advice for your...
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Nov 5, 2012
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greg flemming runs asset wealth management in that conversation. gorman is not going anywhere from what i hear. >> your point about -- it's not just morgan stanley but this bank in particular has had to make repeated decisions on succession based on a directional choice of culture, right? >> yes. >> going back to morgan and mac. >> one wonders when it comes to fixed income, i talked about this last week. the decision at ubs. they made plenty of bad decisions. we'll see how this plays out. to go fully to wealth management and say fixed income we're out of here. i do still wonder whether this will have an impact on other firms including morgan stanleys of the world. we'll see. >> huge. >> very, very talented. we'll see what they choose to do with his future. >> makes me feel really old. april still in. 30-year career on wall street. >> you probably don't have to work again. >> 30 years i've been? >> that's how long he's been? >> he can't help himself. >> coming up next, jack welch says we're in the first inning of a boom. hear what he has and hear hi
greg flemming runs asset wealth management in that conversation. gorman is not going anywhere from what i hear. >> your point about -- it's not just morgan stanley but this bank in particular has had to make repeated decisions on succession based on a directional choice of culture, right? >> yes. >> going back to morgan and mac. >> one wonders when it comes to fixed income, i talked about this last week. the decision at ubs. they made plenty of bad decisions. we'll see...
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Nov 13, 2012
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i have to explain as -- greg smith didn't make it? >> no, he did not. >> are you sure he wasn't on the list? >> he was not on the list. i think that's one of the reasons he ended up writing that book. i believe he made have made more money writing that book than some partners made this year. >> you checked, he is definitely on the -- >> pretty confident he's not. best headline of the day goes to the daily news. in the line of booty. i didn't get your jokes. >> life time has a show called army wives. they could did a reality show based on this who petraeus -- >> army wives is a good show about people who are really putting up a tough front while their spouses are away. >> bravo is another story. >> we could talk about a real housewives of tampa or real housewives of charlotte where a lot of this -- >> i don't think these are indicative of army wives. >> the story seems to be out of control. and none of these people are actually true army wives. >> jill was getting nasty stuff from paula, but do we know whether jill was intimate with --
i have to explain as -- greg smith didn't make it? >> no, he did not. >> are you sure he wasn't on the list? >> he was not on the list. i think that's one of the reasons he ended up writing that book. i believe he made have made more money writing that book than some partners made this year. >> you checked, he is definitely on the -- >> pretty confident he's not. best headline of the day goes to the daily news. in the line of booty. i didn't get your jokes....
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Nov 21, 2012
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now, the ceo greg rayburn has said previously that hostess is currently spending about $1 million a day to affect the shutdown. even though it's closing, it's really no cheap matter here. they had to shut three plants because of the protest of the bakers union. they shut 33 more plants, that's 36 altogether. hostess employed 18,500 people. and while some of those jobs could be spared, it's expected after the plan to liquidate is approved today, the buyers could come out of the woodwork, but this is not for hostess the company, for specific brands, many of these companies only wanted to deal with hostess if they were unencumbered by unions, which is what is expected to happen today. >>> coming up on "squawk box," the spirit of the season, the booming business of online wine sales. it's going to get fun on the set here. >>> and then later today, a washington tradition at 1:00 eastern time, president obama's going to pardon the national thanksgiving turkey during a ceremony in the white house rose garden. well, the folks at the butter ball hot line are busy fielding questions today. what a
now, the ceo greg rayburn has said previously that hostess is currently spending about $1 million a day to affect the shutdown. even though it's closing, it's really no cheap matter here. they had to shut three plants because of the protest of the bakers union. they shut 33 more plants, that's 36 altogether. hostess employed 18,500 people. and while some of those jobs could be spared, it's expected after the plan to liquidate is approved today, the buyers could come out of the woodwork, but...
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greg walden will be our guest, ken r gochlt off. sheila bair, former chair of the fdic is sticking around. >>> we're talking about sandy's destruction, unfortunately, it's far from over. pretty desperate situation for millions of folks are still in the cold and the dark. many don't have food or shelter. the gas lines just completely out of control. friday, november 2nd. special edition of starting point begins right now. >>> welcome, everybody. christine romans is with us. erin burnet is with us as well. she's host of "out front." and host of cnn's state of the union, candy crowley. ali velshi is in ohio this morning. john berman, anchor of "early start" sticks around. president of americans for tax reform, joining us this morning. nice to have all of you. i want to welcome our national viewers who are joining us as well this morning. lots to get to. half an hour away from the most important report. i don't think that's overstating it, right? >> this will show what the biggest labor market, the biggest economy in the world is doing
greg walden will be our guest, ken r gochlt off. sheila bair, former chair of the fdic is sticking around. >>> we're talking about sandy's destruction, unfortunately, it's far from over. pretty desperate situation for millions of folks are still in the cold and the dark. many don't have food or shelter. the gas lines just completely out of control. friday, november 2nd. special edition of starting point begins right now. >>> welcome, everybody. christine romans is with us....
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Nov 17, 2012
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greg was looking for a teaching job -- for three years. he says volunteering with local high school theatre students helped him build connections in his resume. he just landed a part-time teaching gig. of course, get more education or training. after a divorce, susan of highland park, illinois, went back to school to finish her degree in humanities. she graduated in june. by august, she was work as a bank teller. by the way, if you're thinking of going back to school, consider health care. as our population ages, jobs in this industry are exploding. 296,000 jobs have been created in health care over the past year. one of the few field where is you can make a good salary without a bachelor's degree. dental hygienists can make almost $70,000 a year with just an associated degree. we spent a day with one to get the dirt on cleaning teeth. >> how are you? good to see you. >> nice to see you. thank you. >> reporter: sharmane loves her job. >> this is my passion. this is my career. >> flexibility, high pay and growing demand put dental hygienist
greg was looking for a teaching job -- for three years. he says volunteering with local high school theatre students helped him build connections in his resume. he just landed a part-time teaching gig. of course, get more education or training. after a divorce, susan of highland park, illinois, went back to school to finish her degree in humanities. she graduated in june. by august, she was work as a bank teller. by the way, if you're thinking of going back to school, consider health care. as...
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Nov 13, 2012
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with me, greg olson and carmen wong ulrich. carmen, this question is for you. >> as a single parent who manage a lot of different finances, what is the best way to get ahead with my mortgage and to ensure i am maximizing the value of my home? >> what is the best way? >> this is a great question. that's what she should not be focused on right now. your mortgage is cheap money. this is just something you need to pay on time every time. as a single parent, i'll tell you, one in six single parents declare bankruptcy. you need to protect yourself more than anyone who is in a couple, with emergency fund, retirement savings those take priority over prepaying that mortgage. the best thing you're doing is paying it on time. >> pay the minimum, don't be in a rush to pay off your mortgage. pay other things off. >> exactly. hopefully she went with a 30-year mortgage because that's the only time that inflation is actually working for you. inflation works against your investments long-term, but with a 30-year mortgage and debt, inflation wor
with me, greg olson and carmen wong ulrich. carmen, this question is for you. >> as a single parent who manage a lot of different finances, what is the best way to get ahead with my mortgage and to ensure i am maximizing the value of my home? >> what is the best way? >> this is a great question. that's what she should not be focused on right now. your mortgage is cheap money. this is just something you need to pay on time every time. as a single parent, i'll tell you, one in...
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Nov 10, 2012
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. >> i know representative of greg meeks who represents that district. half the people in his district live under the poverty line. these are poor people that don't have access to some of the benefits others have. do you have any idea about power, when it might come back for them or is this still who knows? >> now, they're talking about tuesday. they're saying that the earliest is going to be tuesday and erin, you make a really good point. ths a huge soes oweeconomic component to this storm. the people who have some money, they're able to evacuate, call their insurance companies, but those who don't, those below poverty or at poverty, for those, it is so difficult. the man whose home we went into today, everything was ruined. what about insurance? oh, no, i can't even afford insurance. these are hard working people. they can't even get to their jobs, this is really the farthest most point. the train's not going to be running here for a very long time. we've heard reports of months, up to a year before that train is even online. >> thank you very much. ma
. >> i know representative of greg meeks who represents that district. half the people in his district live under the poverty line. these are poor people that don't have access to some of the benefits others have. do you have any idea about power, when it might come back for them or is this still who knows? >> now, they're talking about tuesday. they're saying that the earliest is going to be tuesday and erin, you make a really good point. ths a huge soes oweeconomic component to...
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Nov 15, 2012
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the island is the island john macafee lives on or the island, greg falls, died. it is his death that seems to be overlooked in the effort to find mcafee. they have not had a single sighting of mcafee since he went into hiding which is hard to imagine since he has been public in all of the communication he's had outside of this country. not a single person reported seeing him. this island is relatively small, about 10,000 people and yet he's managed to stay hidden. they believe he is here. they just don't know exactly where he is. don't you track his phone conversations? they say they're not sure how he's getting out, if he's using a cell phone or land line. basically they're very frustrated. as you already heard from the prime minister, they think his mental state of mind is a real problem here and they're worried about it. they do not think he's dangerous, john. >> martin savage in belize this morning with a great reminder that there is a death here and it is a serious matter. thanks a lot, martin. >> 42 minutes past the hour. waking up to storms in the carolina
the island is the island john macafee lives on or the island, greg falls, died. it is his death that seems to be overlooked in the effort to find mcafee. they have not had a single sighting of mcafee since he went into hiding which is hard to imagine since he has been public in all of the communication he's had outside of this country. not a single person reported seeing him. this island is relatively small, about 10,000 people and yet he's managed to stay hidden. they believe he is here. they...
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Nov 16, 2012
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with me this hour greg olson and -- greg, here's your question. >> i had a question about commodities, and i was wonder if anything there would be good returns in the next six to 12 months. >> gold, you know, is all the rage. let's start with gold. >> well, interesting. let's start with gold because gold actually hassen an opportunity to increase over time if we see a lot more stimulus from the fed trying to keep the economy afloat. the problem is i see a lot of problems happening in europe right now, which might slow the world economy overall, which has a negative effect on things such as raw materials and industrial metals, but also things like oil, that -- the price of oil could flare up if we see deterioration of the situation in the middle east hurting supply. it really depends on what moderatety we're talking about based on where the price -- >> should vefrz really look at commodities or do something safer? >> this is too short-term for me. six to 12 months in commodities. it's a real risk. we cannot see that in the future. i would recommend commodities as an alternative investm
with me this hour greg olson and -- greg, here's your question. >> i had a question about commodities, and i was wonder if anything there would be good returns in the next six to 12 months. >> gold, you know, is all the rage. let's start with gold. >> well, interesting. let's start with gold because gold actually hassen an opportunity to increase over time if we see a lot more stimulus from the fed trying to keep the economy afloat. the problem is i see a lot of problems...
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Nov 13, 2012
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so we ask greg mcbride, the senior financial analyst with bankrate.com and here's what he had to say. first, good credit is key in this whole process. a score above 700 could even get you an interest rate below the inflation level and that means you could essentially be borrowing money for free. but your credit score isn't the only factor that lenders consider in this. proof of income, that's important. and you'll also need a sizable down payment if you're looking for a home or car loan. now, if your credit is less than stellar, there are ways to improve it. disputing errors on your credit reports and paying down your debt. those will both boost your score. one of the most important things you can do when considering a loan, yeah, go ahead and shop around. it's tedious, but try to get at least three quotes before making your decision because you know what, alina? doing all that extra leg work could wind up saving you hundreds of dollars in the long run. alina? >> all right. great advice as always, alison kosik, great to see you. >>> motor trend magazine has named the car of the year a
so we ask greg mcbride, the senior financial analyst with bankrate.com and here's what he had to say. first, good credit is key in this whole process. a score above 700 could even get you an interest rate below the inflation level and that means you could essentially be borrowing money for free. but your credit score isn't the only factor that lenders consider in this. proof of income, that's important. and you'll also need a sizable down payment if you're looking for a home or car loan. now,...
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. >>> the heartache is greg for families across the northeast as sandy claims more lives. >> according to the latest numbers, the storm is blamed for 106 deaths in the u.s., and when you combine the deaths in america and canada and the caribbean, we're up to at least 175. nick valencia joins us now for more on this. nick, in terms of just the loss of life, which area was hit the hard nest. >> we have to remember, victor and randi, even before the superstorm made landfall in the united states, it was already a fatal storm t.caused major damage in the caribbean, places like haiti, places like jamaica, even puerto rico. 67 deaths blamed there just in the caribbean alone, and when you fast forward and bring it to the united states, the two states that were affected the most, you guys know this, new york and neighboring new jersey, new york had about 48 deaths and new jersey 22, and that's just in those two states alone. >> so much concern as i was driving around up there this week covering this story. we hit upon a patch on the new jersey coast where a lot of people were concerned about le
. >>> the heartache is greg for families across the northeast as sandy claims more lives. >> according to the latest numbers, the storm is blamed for 106 deaths in the u.s., and when you combine the deaths in america and canada and the caribbean, we're up to at least 175. nick valencia joins us now for more on this. nick, in terms of just the loss of life, which area was hit the hard nest. >> we have to remember, victor and randi, even before the superstorm made landfall in...
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Nov 13, 2012
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with me, greg olson and carmen wong ulrich. carmen, this question's for you. >> a single parent who manages a lot of different finances, what is best way to get ahead with my mortgage and to ensure that i am maximum midsing the value of my home? >> what is best way? >> a great question because it's what she should not be focused on now. mortgage is cheap money. something you need to pay on time every time. as a single parent one in six single parents declare bankruptcy. protect yourself for than anyone who is in a couple with emergency fund, retirement savings those take priority over prepaying mortgages. best thing you're doing is paying on time. >> don't be in a rush to pay off the mortgage. look to pay other things off. >> exactly. hopefully she went with 30-year mortgage that's the only time that inflation is working for you. inflation works against your investments long term but when you have a 30-year north debt inflation works for you. make monthly payments on time. she has a low interest rate environment in mortgage so
with me, greg olson and carmen wong ulrich. carmen, this question's for you. >> a single parent who manages a lot of different finances, what is best way to get ahead with my mortgage and to ensure that i am maximum midsing the value of my home? >> what is best way? >> a great question because it's what she should not be focused on now. mortgage is cheap money. something you need to pay on time every time. as a single parent one in six single parents declare bankruptcy....
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Nov 12, 2012
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akers and his rams counterpart greg zuerlein had chances to win in o.t., but they could not convert. final score, rams 24, niners 24. the nfl's first tie game in four years. >>> a massive explosion destroys homes and kills two people in indianapolis. we'll hear from a survivor. from 17 billion chips worldwide to a world of super-connected intelligence. the potential of freescale unlocked. nyse euronext. unlocking the world's potential. to investing with knowledge. the potential of td ameritrade unlocked. nyse euronext. unlocking the world's potential. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. >>> our top stories now, officials at indianapolis are still not saying what caused a massive explosion overnight saturday. two people were killed, seven others injured. residents just remain in shock this morning. >> my first thought was a bomb. i mean, i can't imagine. the house felt like it was shaking. >> 31 homes sustained major damage with at least
akers and his rams counterpart greg zuerlein had chances to win in o.t., but they could not convert. final score, rams 24, niners 24. the nfl's first tie game in four years. >>> a massive explosion destroys homes and kills two people in indianapolis. we'll hear from a survivor. from 17 billion chips worldwide to a world of super-connected intelligence. the potential of freescale unlocked. nyse euronext. unlocking the world's potential. to investing with knowledge. the potential of td...
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greg thomas, campaigns manager with dosomething.org, who started the petition. good morning. >> how are you doing? >> i'm pretty good. president obama has denounced the boy scouts policies and the supreme court upheld the policy in 2000. what would your petition accomplish? >> i think the petition would accomplish having president obama kind of practice what he's preaching. he is talking about not believing in their policy and thinking that, you know, it's not something they should be doing. if he's going to be honorary president of the boy scouts as a leader, he should -- their goal should align with his goals. if their goals don't align with his goals i don't think it's appropriate for him to be a leader of an organization. >> why the timing? why not do this in 2009 when obama started his first term? >> you know, petitions for us are new at dosomething.org. we weren't doing petitions in 2009. for me, i hadn't actually been alerted to this issue until, you know, a few months ago when the boy scouts reexamined their policy and decided to go forward with it. so i
greg thomas, campaigns manager with dosomething.org, who started the petition. good morning. >> how are you doing? >> i'm pretty good. president obama has denounced the boy scouts policies and the supreme court upheld the policy in 2000. what would your petition accomplish? >> i think the petition would accomplish having president obama kind of practice what he's preaching. he is talking about not believing in their policy and thinking that, you know, it's not something they...
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republican greg walden is going to join us, as will. grover norquist, the president of the americans for tax reform. also this morning, harvard university economics and public policy professor ken rogoff will be joining us. sheila bair, the former fdic chairperson will join us. also we'll continue to update you with sandy, the aftermath there. the destruction unfortunately still being felt. millions of people without power. and gas is a huge, huge problem. people very frustrated. reporters all over the story for you this morning. >> all right. thank you, soledad. you need a bigger table this morning. there are a lot of guests on there. 43 minutes past the hour. today top fema officials and homeland security secretary janet napolitano will assess the damage on new york's staten island and they can expect an earful. new york senator chuck schumer and congressman michael grimm toured the devastation on thursday and they met with residents who pleaded for more help from the government. yesterday, the bodies of two young boys, ages 2 and 4,
republican greg walden is going to join us, as will. grover norquist, the president of the americans for tax reform. also this morning, harvard university economics and public policy professor ken rogoff will be joining us. sheila bair, the former fdic chairperson will join us. also we'll continue to update you with sandy, the aftermath there. the destruction unfortunately still being felt. millions of people without power. and gas is a huge, huge problem. people very frustrated. reporters all...
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he said this, this is greg martin and he said this on october 31st. we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its cynical worst will diminish our record of creating jobs in the u.s. and repatriating profits back to this country. it's actually worse than paraphrase it. from fiat they said this, i feel obliged -- >> soledad, just for a second on that on that first one, that's general motors. they have nothing to do with jeep. and i don't know why general motors made that statement. but it had nothing to do with the ad. because the ad -- >> jeep says this -- >> let's hear from jeep. >> unambiguously restate our position. jeep production will not be moved from the united states to china. period. >> well, i think what fiat was saying there, and by the way, we love the fact that fiat has invested in ohio. as you know i supported a rescue package at the time and it was the right thing to do. but i think if you were to ask fiat about whether they're going to start production in china, that they
he said this, this is greg martin and he said this on october 31st. we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its cynical worst will diminish our record of creating jobs in the u.s. and repatriating profits back to this country. it's actually worse than paraphrase it. from fiat they said this, i feel obliged -- >> soledad, just for a second on that on that first one, that's general motors. they have nothing to do with jeep....
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Nov 14, 2012
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and just a reminder, if you need another reminder in terms of top con gregs gnat leadership, house, senate, at large, wolf, largely all the players remain the very same as the lineup was pre-election. so status quo election, status quo leadership. >> senate leadership, house leadership basically the same. >> yep. big players. >> executive branch has the same leadership as well. that would be the president of the united states. >> that would be absolutely right. >> we're going to continue what's going on. let's hope they can work together a little better. >> no kidding. >> thank you. >>> senate democrats are adding to their strength. the independent senator-elect from maine, former governor angus king will caucus with the democrats. harry reid reassured him his independence would be respected. he also says he's open to working with republicans. so effectively 55 democrats in the next senate, 45 republicans. the popular video chat service skype forced to shut down a critical feature after hackers uncover a security hole. we have details of that. that's just ahead. anncr: some politicians see
and just a reminder, if you need another reminder in terms of top con gregs gnat leadership, house, senate, at large, wolf, largely all the players remain the very same as the lineup was pre-election. so status quo election, status quo leadership. >> senate leadership, house leadership basically the same. >> yep. big players. >> executive branch has the same leadership as well. that would be the president of the united states. >> that would be absolutely right. >>...
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this morning he did wake up in chicago as we await for him to leave chicago he called con gregs gnat leaders, democrats and republicans in both the house and senate before making his way to the airport stopped by his campaign headquarters to meet with hundreds of volunteers and staff members and really thank them. we understand people were standing on desks trying to get a look at him. they gave him a standing occasion as he entered the room. but he's coming back, wolf, as you know to some serious reality and a plate of a lot of work on his hands. obviously as he's already reaching out to congressional leaders. as you know, here at the end of december tax cuts -- all kinds of tax cuts including bush-era tax cuts set to expire january 2nd. those spending cuts from sequestration go into effect. and in february he has to send a budget to congress. you're looking at a debt ceiling that may need to be increased in february. and in march it's potentially the stage set for a government shutdown if congress and the white house can't agree on a way forward to fund the federal government. he h
this morning he did wake up in chicago as we await for him to leave chicago he called con gregs gnat leaders, democrats and republicans in both the house and senate before making his way to the airport stopped by his campaign headquarters to meet with hundreds of volunteers and staff members and really thank them. we understand people were standing on desks trying to get a look at him. they gave him a standing occasion as he entered the room. but he's coming back, wolf, as you know to some...
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. >> this is greg -- >> greg who? >> greg lamond wr. >> greg, ow are you? >> how are you? >> i'm doing well. >> greg lamond. >> greg lamond was a three-time winner of the tour de france who insisted he never took drugs. lamond had fallen out with lance armstrong, who he suspected of doping. in 2004 he and stephanie spoke frankly about what occurred in the hospital. >> i had heard from a source outside of the group here of what happened at the hospital, and betsy and i have talked a little bit, but -- and i'm not asking you to do anything you would never want to do, but, you know, if i did get down to where it was a, you know, a lawsuit, would you be willing to testify or -- >> if i was subpoenaed, i would. >> yeah. >> i'm not going lie. you know, i'm in that room, and i heard it. >> what stephanie didn't know was that greg lamond was secretly recording their conversation. >> lance armstrong's lawyers immediately backed off this issue, and we presented to the panel that had toted two different stories about what happened in the medical room. >> reporter: in her last public
. >> this is greg -- >> greg who? >> greg lamond wr. >> greg, ow are you? >> how are you? >> i'm doing well. >> greg lamond. >> greg lamond was a three-time winner of the tour de france who insisted he never took drugs. lamond had fallen out with lance armstrong, who he suspected of doping. in 2004 he and stephanie spoke frankly about what occurred in the hospital. >> i had heard from a source outside of the group here of what happened at...